Three years after outlaying $1.2 billion to acquire accounting software developer MYOB, Bain Capital, is seeking to float the company in a move which will value it at up to $2.7 billion, including debt.

Domain chief executive Antony Catalano has scotched talk of Fairfax Media selling the property business after he held his first briefing with analysts and institutional investors since his tenure began 16 months ago.

Rules that restrict taxi licences, shopping hours and the location of pharmacies would be swept away as part of a package of measures proposed by the first comprehensive review of competition policy in 22 years.

Three years after outlaying $1.2 billion to acquire accounting software developer MYOB, Bain Capital, is seeking to float the company in a move which will value it at up to $2.7 billion, including debt.

Regional banks say there is no reason for the banking regulator to delay raising the capital levels of the big banks to ensure consistency with global bank capital rules which could take years to complete.